Morning journal and courier., 1887-12-30
THE DERRy ROAD.

Special Meeting of the Stockholders
 and Directors of the Derby Road
 Held Yesterday Important Votes
 Passed.
 At the Derby depot yesterday morning special meeting of the stockholders of this road was held at which Col. W. H. Steven son presided. The directors present were: President Bostwiek, MT. W. R. McCaulley, MT. W. H. Starbuck, Hon. N. D. Sperry, Gen. s. B. Merwin, MT. A. R. Shelton, Mir. W. E. Downs, Attorney s. E. Baldwin, in the capacity of attorney for the road, and Secretary A. H. Kellam; also six stoekhold- CTS who were not directors. Shortly before the meeting of the stockholders the directors held short meeting and voted to ask the stockholders for the authority to purchase additional land and construct branch road connecting with the Housatonic and New York and New England roads. Col. Steven son then called the meeting of the stock holders to order, and after explaining that the object of the meeting was in reference to changing and enlarging the terminal facilities of the company in this city, building the proposed extension, acquiring additional lands, issuing bonds on obligations of the company and executing mortgages of it's franchise or property and other business, President Bostwick offered the following res- olutions which were unanimously adopted: voted, That it is necessary for the interests of the company and the public accommodation that the ternsinal facilities of the company at New Ha- yen De greasy @aIafgea ny t9e or street and West river and the construction of suit present depot and passenger station be removed | to a more convenient site on some land thus ac-
 Voted, That the board of directors be requested to take the p proper steps to secure these ends l to borrow any sums of money necessary. in their judgment, to pay the debts of the company and to the meeting to issue bonds or Obligations of the company therefor and to fund it's floating and any necessary mortgage or mortgages of the fran. chises of property of the company owned or to
 q asqn,re6 m or any part thereof to secure such Whereas, a direct connection between this com panyfS road and either the New York and New
 England railroad the Housat snic railroad would be for the interests of this company and the pub Voted, That this company hereby authorizes and
 directs the board of directors to take such action they may deem most for the interests of the com pany aud of the public t0 secure such connection | or connections, either by constructing branch 1 railroad to meet proposed branch of the Housa- tonic railroad, or by constructing branch or ex- New England railroad, branch thereof, through such towns and on such lines as the board may | deem most expedient
 1 A private meeting of the directors was ! then held immediately after the stockholders meeting (which adjourned after passing the l above resolutions), at which Mir. Bostwick l Mir. MeCauliey and MT. Starbuck were ap l pointed 8 committee to carry out the fol I lowing votes:
 | Whereas, The New Haven and Derby railroad | warned and held in this city has voted that it i
 necessary to enlarge it's terminal facilities in Nev Haven and the site of it's depot and passenger sta tion, in the propriety of which action this boar concurs.
 Voted, That in the opinion of this board it is nee
 essary enlarge the terminal facilities of this com 1 pany at New Haven change the radi of the curve
 tend it's depot grounds and lines of sight by takin
 for additional tracks, turnouts ana freight and pas 1 senger depots and depot grounds all lands in Ne1 l Haven bounded southerly by the present locatio
 by Silver street far Hill street and thence by tn
 line or Silver street extended to Commerce street | and westerly by Cedar street, and by changing tn present passenger depot to position near nd wes of Commerce street
 ! lively as Liberty street, Lafayette street and H1
 street located that the railroad of this com
 pany and the tracks necessary to be laid within
 said bounds described in the foregoing vote canno
 be iudiciouSly constructed across upon the sam l without interfering herewith. and that with in
 consent of the railroad commissioners suco parts o every and all highways as arc with said bound
 and such parts thereof so as are within the pres be changed and disco tnued and the souther1l, taken through Cedar street or Commerce street b,
 changing and extending Silver street so as to mak
 it from Hill street through to Commerce street
 Voted, That location of the railroa1 of this com panY be and hereby is made upon and over Sal grounds as above bounded and described, ana sat changes Tn said highways hereby directed to b
 made for the purposes aforesaid all subject to th l to any chznge therein which they may prescribe. The proposed extension of this route as 1ait out by the civil engineer of the road will fol l low along the Housatonic river to Zoa
 bridge, thence to Botsford station where con
 nection will be made with the Housatoni | railroad. Both MT, Starbuck and Presiden | Bostwick are very enthusiastic over the road I and state that before many years New HaveI will be a very large railroad center and tn l wholesale business increased one half.